Requirement 2. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the be tables.) Post all of the journal entries for July Cash Accounts Payable Service Revenue Advertising Payable Salaries Expense Accounts Receivable Unearned Revenue Rent Expense i More Info -X entr Jul. 1 Young contributed $61,000 cash to the business in exchange for common stock. 5 Paid monthly rent on medical equipment, $620 9 Paid $16,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $2,000 19 Borrowed $30,000 from the bank for business use 22 Paid $1,900 on account. 28 The business received a bill for advertising in the daily newspaper to be paid in August, $290 31 Revenues earned during the month included $6,600 cash and $5,900 on account 31 Paid employees' salaries $2,000, office rent $1,100, and utilities $500. Record as a compound entry 31 The business received $1,280 for medical screening services to be performed next month 31 Paid cash dividends of $6,700. Print Done